Otis Worldwide: Q3 Earnings Insights

Otis Worldwide (NYSE:OTIS) reported its Q3 earnings results on Monday, October 25, 2021 at 06:00 AM.

Here's what investors need to know about the announcement.

Otis Worldwide beat their estimated earnings by 5.48%, which did not surprise analysts.

Revenue was up $352,000,000 from the same period last year.

Last quarter the company beat on EPS by $0.08, which was followed by a 0.94% drop in the share price the next day.

Here's a look at Otis Worldwide's past performance and the resulting price change:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.71	0.63	0.59	0.56
EPS Actual	0.79	0.72	0.66	0.69
Revenue Estimate	3.45B	3.18B	3.36B	3.20B
Revenue Actual	3.70B	3.41B	3.49B	3.27B

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